Why is the high end stratospheric?


I think this article has at least part of the answer:


https://www.bloomberg.com/news/articles/2019-03-07/scammed-at-40-000-feet-opaque-market-costs-the-je...

To your own ears and wallet be true, but I will always fight against seeing prices as the way we determine quality.
erik_squires
It’s always been stratospheric. $100,000 speakers, $15,000 cartridges, $100,000 turntables, $20,000 tonearms, $50,000 amps, $5,000 power cords have been around since Jesus was a Boy Scout. Wake up and smell the coffee? On the other hand “the high end” is not defined by cost. So, who cares? 
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I cut my nose on a CD last night...

I was trying to read the control markings on the top of my Sharp SD-EX111 mini system (my good eye was less than an inch from the top) and I pushed "eject" not noticing that a CD had been loaded.

The CD (top loaded vertically) ejected and cut the end of my nose.

Be careful out there.

DeKay
Q  How do you stop an audiophile from smelling? 

A  Cut off his nose.